Find a Lawyer

I.T.A. NO.675/KB OF 2003, DECIDED ON 5TH DECEMBER, 2003. versus I.T.A. NO.675/KB OF 2003, DECIDED ON 5TH DECEMBER, 2003.

Sections 13 (1) (d), 65 and 80c for the valuation of additional valuation vehicles by installing vehicles from the bank in the Prime Taxi Scheme and the auction from the customs department to estimate the value of such vehicles. Both vehicles were riot by the Assessing Officer for the fair value, both vehicles were purchased from a government-run agency and the documents were presented to the Ising Officer who completed the evaluation after verifying the evidence. The new information was not brought on record nor received by the tax authority to reopen the case. When all the facts and evidence were on record, the reopening of the assessment under section 65 of the Income Tax Ordinance 1979 was not particularly appropriate when the inspecting additional commissioner had only given permission but they were not the Income Tax Ordinance 1979. Except for the approval granted under section 13 (a) (d) of the Act, this was not applicable in the eyes of the law. Appeal to the sponsorship was allowed and section 13 (1) (d) of the Income Tax Ordinance 1979 Appeal to the appellate tribunal was granted by the appellant tribunal below. top advocates from Eminabad lawyer